nir-vana innovation network

The German startup offers cutting-edge NLP technologies embedded in a web application provided as a cloud or on-Premise solution for their clients. As of today, the company is assisting financial institutions and top management consultancies to overcome regulatory and mandatory compliance processes.
The software enables clients to verify customer information from documents and external data sources in real time to ensure a 100% audit-proof documentation. Up to now, the product portfolio encompasses KYC (Know Your Customer), AML (Anti Money Laundering), fund prospectus analysis, digital onboarding and tailored solutions.
The startup seeks partners for commercial agency and/or license agreements as outlined in the section "Type and role of Partner sought".

Advantages & innovations

Benefits: - Reduce manual costs and errors: Higher return on investment (ROI) and reduced workload. Accelerate digital transformation within your compliance department. - Traceability & audit-proof documentation: Unlock the information in your documents and identify risk before, during, and after your client relationships. See who, when, where and why a data point was collected. - Attention to detail automated: Analyze millions of pages in less than 1 minute with over 95% accuracy for standard compliance checks. Automate Politically exposed Person (PeP), negative news, and sanction screening. - Continuous KYC and risk management: Reduce back office batch processing. Continuously collect customer data for daily monitoring and risk management.

Stage of development

Already on the market

Partner sought

The German startup is preferably looking for partners in the financial industry such as banks, financial advisories or crypto traders. As well as partners for role model definition from other industry sectors. Commercial agency agreement: Financial advisories are acting as a multiplier which means that they are selling the software to their customers and obtain a share of the profit in return. License agreement: Banks and crypto traders are directly purchasing a license and applying the software and managed services.